Bitcoin and Digital Assets
The question
To ask the Chancellor of the Exchequer, if she will commission a review into the role of (a) Bitcoin and (b) other digital assets (i) as a reserve asset and (ii) in other future financial strategy.
Answered by Lucy Rigby
As per responses from my predecessor, the Proceeds of Crime Act provides a clear process for the management and realisation of seized assets, while the UK's official reserves are governed by established investment principles. There are currently no plans to amend either framework or to commission a review into the potential role of Bitcoin and other digital assets as reserve assets or in a wider financial strategy.
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